Orange Cnty Bancorp Inc Stock Price, News & Analysis

KBRA has assigned ratings to Orange County Bancorp (NASDAQ: OBT), including a BBB senior unsecured debt rating, BBB- subordinated debt rating, and K3 short-term debt rating, with a Stable outlook. The bank's main subsidiary, Orange Bank & Trust Company, received BBB+ deposit and senior unsecured debt ratings.

The ratings reflect OBT's strong deposit franchise with industry-leading low deposit costs of 1.30% in Q2 2025 and conservative liquidity management. The bank maintains a healthy net interest margin of 4.0% and strong ROA of 1.5% in 1H 2025. Notable strengths include $1.8 billion in wealth management AUM and a recent $46 million common equity raise strengthening capital ratios to 9.5% TCE and 15.8% CET1.

Orange County Bancorp (Nasdaq: OBT), the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, has announced a quarterly cash dividend of $0.13 per share of common stock. The dividend will be paid on September 16, 2025, to shareholders of record as of September 8, 2025.

Orange County Bancorp (NASDAQ:OBT) reported record Q2 2025 earnings with net income of $10.5 million, up 27.4% from $8.2 million in Q2 2024. The company achieved earnings per share of $0.87, compared to $0.73 in the same quarter last year.

Key financial highlights include: net interest income growth of 4.2% to $25.1 million, total deposits increase of 5.7% to $2.3 billion, and total loans growth of 5.6% to $1.9 billion. The company successfully completed a $46 million follow-on common stock offering during Q2 2025, strengthening its financial position.

Book value per share increased 15.6% to $18.90, while trust and investment advisory income rose 14.8% to $3.4 million. The bank maintained a strong net interest margin of 4.06% and an improved efficiency ratio of 51.6%.

Orange County Bancorp announced the successful exercise of the overallotment option from its recent public offering, resulting in the sale of an additional 258,064 shares of common stock at $23.25 per share. The company expects to receive approximately $5.7 million in proceeds after deducting underwriting discounts and commissions, but before other expenses. The offering was managed by joint book-runners Piper Sandler & Co. and Stephens Inc., conducted through an effective shelf registration statement on Form S-3. Orange County Bancorp is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors.

Orange County Bancorp (NASDAQ: OBT) has announced the pricing of its public offering of 1,720,430 common stock shares at $23.25 per share, with potential additional 258,064 shares through a 30-day underwriter option. The offering is expected to raise approximately $40.0 million in gross proceeds, potentially reaching $46.0 million if the underwriter option is fully exercised. The company plans to use the proceeds for general corporate purposes, including bank investments for growth, strengthening regulatory capital and liquidity, and potential strategic acquisitions, though no specific acquisition plans are currently in place. The offering, managed by Piper Sandler & Co. and Stephens Inc. as joint book-running managers, is scheduled to close on June 5, 2025.

Orange County Bancorp (NASDAQ: OBT), parent of Orange Bank & Trust Company and Hudson Valley Investment Advisors, announced a public offering of common stock shares. The company will grant underwriters a 30-day option to purchase additional shares. Proceeds will support general corporate purposes, including bank investments for growth, strengthening regulatory capital and liquidity, and potential strategic acquisitions, though no specific acquisition plans exist currently. Piper Sandler & Co. and Stephens Inc. are acting as joint book-running managers. The offering is being made through a shelf registration statement and preliminary prospectus supplement filed with the SEC.

Orange County Bancorp (NASDAQ: OBT) has declared a quarterly cash dividend of $0.13 per share of common stock. The dividend will be distributed to shareholders of record as of June 4, 2025, with the payment scheduled for June 16, 2025. Orange County Bancorp is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors.

Orange County Bancorp reported Q1 2025 earnings with net income of $8.7 million ($0.77 per share), showing a 6.3% decrease from Q1 2024's $9.3 million. Despite this decline, the bank demonstrated strong fundamentals with:

Key metrics: - Net interest margin increased to 3.95% (up 31 basis points) - Total deposits grew 6.0% to $2.3 billion - Total loans increased 2.1% to $1.9 billion - Book value per share rose 8.2% to $17.69

The bank's wealth management division showed impressive growth, with trust and investment advisory income rising 19.2% to $3.4 million. Total assets under management reached $1.7 billion. The decrease in net income was primarily due to the absence of a one-time $1.9 million recovery from Signature Bank debt sale in 2024. The bank maintained strong asset quality with non-performing loans at just 0.33% of total loans.

Orange County Bancorp (Nasdaq: OBT) has announced a quarterly cash dividend of $0.13 per share of common stock. The dividend will be paid on March 17, 2025 to shareholders of record as of March 4, 2025. Orange County Bancorp is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors.